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Sponsor Message That's despite claims from University of Texas researchers that about 1.4 million PPP loans show signs of possible fraud, like suspiciously high payrolls and multiple businesses ...
according to the U.S. Attorney’s Office for the Southern District of Texas. The court alleges that she used part of her PPP loan to purchase a luxury vehicle instead of using it on her business.
SHERMAN, Texas — Three Texans have been convicted ... Federal authorities say they submitted fraudulent applications for EIDL and PPP loans and collectively stole millions of dollars of funds ...
So that meant not only did people get loans they didn't truly need, it also attracted scam artists. Here's how University of Texas finance professor Sam Kruger puts it. SAM KRUGER: The PPP program ...
The actor famous for playing the Red Power Ranger has defended his actions after he was sentenced for his role in a $3.5 ...
The Texas investigation is significant ... forgiveness faced by many small business owners who obtained their PPP loans through Kabbage. Under the rules of the program, the loans would be forgiven ...
A federal district judge in Lubbock told a Plainview woman who admitted to concealing a $3.5 million Paycheck Protection Program Loan fraud scheme that the greed and lack of remorse she displayed ...
What’s more, executives tied to these online lenders obtained millions in PPP loans themselves that might ... finance professor at the University of Texas at Austin, said the fact that lenders ...
HOUSTON, TEXAS - APRIL 02: The Houston Rockets celebrate ... millions of dollars in forgivable Paycheck Protection Program (PPP) loans guaranteed by the Small Business Administration (SBA) under ...
Assistant professor of finance at the University of Texas at Austin ... highest rates of suspicious loans in our study, and a Congressional investigation into PPP fraud indicated that they ...
MANSFIELD, Texas — A Mansfield woman has been sentenced ... around $8.5 million in forgivable Paycheck Protection Program (PPP) loans, the U.S. Attorney's Office for the Northern District ...